Main content start
Change.每天多學一點 改變.可大可小

Accounting & Finance Financial Services and Insurance

Certificate for Module (CFA Level III Examination Preparatory Programme)
證書(單元 : 特許金融分析師三級考試研習課程)

CEF Reimbursable Course

CEF Reimbursable Course

Course Code
FN091A
Application Code
2150-FN091A

Credit
18
Study mode
Part-time
Start Date
29 Oct 2023 (Sun)
Duration
2 months to 3 months
Language
English
Course Fee
HK$17,400 (including a comprehensive set of notes and study materials which are non-refundable)
Deadline on 18 Oct 2023 (Wed)
Enquiries
2867 8468
2861 0278
Apply Now
CFA Level III Examination Preparatory Programme with a planned commencement date on 29 Oct 2023! Welcome to your enrolment!

The programme aims to prepare students to sit for the Chartered Financial Analyst (CFA) Level III examination. It will provide students with the advanced knowledge to evaluate various asset classes in investment portfolios and perform asset allocation in synthesized cases. It also enables students to perform wealth planning and portfolio management holistically.

On completion of the programme, students should be able to

  1. analyse cases based on the ethical and professional standards established by the CFA Institute;
  2. apply economic analysis and valuation techniques to investigate synthesized cases in finance and investment;
  3. use valuation techniques to analyse equity, fixed income, derivatives, currencies and alternative investments as well as perform wealth planning and portfolio management; and
  4. critically evaluate a wide range of finance and investment cases.
Application Code 2150-FN091A Apply Online Now
Apply Online Now

Venue

Syllabus

(1) Ethical and professional standards

  • Code of ethics and standards of professional conduct, guidance for standards I-VII
  • Application of the code and standards for level III
  • Asset manager code of professional conduct
  • Global investment performance standards (GIPS)

 

(2) Behavioral finance

  • The behavioral finance perspective
  • The behavioral biases of individuals
  • Behavioral finance and investment processes

 

(3) Capital market expectations

  • Economic analysis and setting capital market expectations
  • Effects of geopolitics on economies and investment markets
  • Applications of economic indicators in the investment process

 

(4) Asset allocation and portfolio management

  • Overview of asset allocation
  • Principles of asset allocation
  • Asset allocation with real-world constraints

 

(5) Derivatives and currency management

  • Option strategies
  • Swaps, forwards, and futures strategies
  • Currency management
  • Uses of derivatives in portfolio management

 

(6) Fixed-income portfolio management

  • Overview of fixed portfolio management
  • Liability-driven and index-based strategies
  • Yield curves strategies
  • Fixed-income active management: credit strategies

 

(7) Equity portfolio management

  • Overview of equity portfolio management
  • Passive equity investing
  • Active equity investing: strategies and portfolio construction

 

(8) Alternative investments for portfolio management

  • Other alternative investments
  • Hedge fund strategies
  • Asset allocation to alternative investments
  • Alternative investments portfolio management

 

(9) Private wealth management and wealth planning

  • Overview of private wealth management
  • The investment policy statement
  • Taxes and private wealth management in a global context
  • Estate planning in a global context
  • Concentrated single asset positions
  • Risk management for individuals
  • Management of individual/family investor portfolios
  • Case study in risk management: private wealth

 

(10) Portfolio management for institutional investors

  • Portfolio management for institutional investors
  • Environmental, social, governance (ESG) investing
  • Trade strategy and execution
  • Portfolio performance evaluation
  • Investment manager selection
  • Case study in portfolio management: institutional

 Assessment method: 2-hour Examination

 

Upon successful completion of the programme, students who have passed the final examination with attendance no less than 70% will be awarded within the HKU system through HKU SPACE a Certificate for Module (CFA Level III Examination Preparatory Programme).

Certificate for Module (CFA Level III Examination Preparatory Programme) - October 2023 Intake

Lecture Date Time
1 29-Oct-2023 (Sun) 10:00 - 13:00 / 14:00 - 17:00
2 5-Nov-2023 (Sun) 10:00 - 13:00 / 14:00 - 17:00
3 12-Nov-2023 (Sun) 10:00 - 13:00 / 14:00 - 17:00
4 19-Nov-2023 (Sun) 10:00 - 13:00 / 14:00 - 17:00
5 26-Nov-2023 (Sun) 10:00 - 13:00 / 14:00 - 17:00
6 3-Dec-2023 (Sun) 10:00 - 13:00 / 14:00 - 17:00
7 10-Dec-2023 (Sun) 10:00 - 13:00 / 14:00 - 17:00
8 17-Dec-2023 (Sun) 10:00 - 13:00 / 14:00 - 17:00
9 7-Jan-2024 (Sun) 10:00 - 13:00 / 14:00 - 17:00
10 14-Jan-2024 (Sun) 10:00 - 14:00
Exam 26-Jan-2024 (Wed) 19:00 - 21:00

Applicants should hold a degree awarded by a recognised institution.

Applicants should check with the CFA Institute that they are eligible to attempt the examination.

Course Fee
  • HK$17,400 (including a comprehensive set of notes and study materials which are non-refundable)
  • The CEF Institution Code of HKU SPACE is 100
CEF Courses
Certificate for Module (CFA Level III Examination Preparatory Programme)
證書 (單元:特許金融分析師三級考試研習課程)
COURSE CODE 33C144204 FEES $17,400 ENQUIRY 2867-8468

Continuing Education Fund

 

Continuing Education Fund Continuing Education Fund
This course has been included in the list of reimbursable courses under the Continuing Education Fund.

Certificate for Module (CFA Level III Examination Preparatory Programme)

  • This course is recognised under the Qualifications Framework (QF Level [6])

Online Application Apply Now

Application Form Download Application Form

Enrolment Method
Payment Method
1. Cash, EPS, WeChat Pay Or Alipay

Course fees can be paid by cash, EPS, WeChat Pay or Alipay at any HKU SPACE Enrolment Centres.

2. Cheque Or Bank draft

Course fees can also be paid by crossed cheque or bank draft made payable to “HKU SPACE”. Please specify the programme title(s) for application and the applicant’s name.. You may either:

  • bring the completed form(s), together with the appropriate course or application fees in the form of a cheque, and any required supporting documents to any of the HKU SPACE enrolment centres;
  • or mail the above documents to any of the HKU SPACE Enrolment Centres, specifying  “Course Application” on the envelope.  HKU SPACE will not be responsible for any loss of payment sent by mail.
3. VISA/Mastercard

Applicants may also pay the course fee by VISA or Mastercard, including the “HKU SPACE Mastercard”, at any HKU SPACE enrolment centres. Holders of the HKU SPACE Mastercard can enjoy a 10-month interest-free instalment period for courses with a tuition fee worth a minimum of HK$2,000; however, the course applicant must also be the cardholder himself/herself. For enquiries, please contact our staff at any enrolment centres.

4. Online Payment

Online application / enrolment is offered for most open admission courses (course enrolled on first come, first served basis) and selected award-bearing programmes. Application fees and course fees of these programmes/courses can be settled by using "PPS by Internet" (not available via mobile phones), VISA or Mastercard. In addition to the aforesaid online payment channels, continuing students of award-bearing programmes, if their programmes offer online service, may also pay their course fees by Online WeChat Pay, Online Alipay and Faster Payment System (FPS). Please refer to Enrolment Methods - Online Enrolment  for details.

Notes

  • If the programme/course is starting within five working days, application by post is not recommended to avoid any delays. Applicants are advised to enrol in person at HKU SPACE Enrolement Centres and avoid making cheque payment under this circustance.
  • Fees paid are not refundable except under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment), subject to the School’s discretion. In exceptional cases where a refund is approved, fees paid by cash, EPS, WeChat Pay, Alipay, cheque or PPS (for online payment only) will normally be reimbursed by a cheque, and fees paid by credit card will normally be reimbursed to the payment cardholder's credit card account.
  • In addition to the published fees, there may be additional costs associated with individual programmes. Please refer to the relevant course brochures or direct any enquiries to the relevant programme team for details.
  • Fees and places on courses cannot be transferrable from one applicant to another. Once accepted onto a course, the student may not change to another course without approval from HKU SPACE. A processing fee of HK$120 will be levied on each approved transfer.
  • Receipts will be issued for fees paid but HKU SPACE will not be repsonsible for any loss of receipt sent by mail.
  • For payment certification, please submit a completed form, a sufficiently stamped and self-addressed envelope, and a crossed cheque for HK$30 per copy made payable to "HKU SPACE" to any of our enrolment centres.